diff --git a/src/pages/iou/SplitExpensePage.tsx b/src/pages/iou/SplitExpensePage.tsx
index 450398995790a..174358f805eb0 100644
--- a/src/pages/iou/SplitExpensePage.tsx
+++ b/src/pages/iou/SplitExpensePage.tsx
@@ -6,6 +6,7 @@ import FullPageNotFoundView from '@components/BlockingViews/FullPageNotFoundView
 import Button from '@components/Button';
 import ConfirmModal from '@components/ConfirmModal';
 import FormHelpMessage from '@components/FormHelpMessage';
+import FullScreenLoadingIndicator from '@components/FullscreenLoadingIndicator';
 import HeaderWithBackButton from '@components/HeaderWithBackButton';
 import MenuItem from '@components/MenuItem';
 import MenuItemWithTopDescription from '@components/MenuItemWithTopDescription';
@@ -54,6 +55,7 @@ import ONYXKEYS from '@src/ONYXKEYS';
 import ROUTES from '@src/ROUTES';
 import type SCREENS from '@src/SCREENS';
 import {isEmptyObject} from '@src/types/utils/EmptyObject';
+import isLoadingOnyxValue from '@src/types/utils/isLoadingOnyxValue';
 import SplitList from './SplitList';
 
 type SplitExpensePageProps = PlatformStackScreenProps<SplitExpenseParamList, typeof SCREENS.MONEY_REQUEST.SPLIT_EXPENSE>;
@@ -72,7 +74,8 @@ function SplitExpensePage({route}: SplitExpensePageProps) {
     const searchContext = useSearchContext();
 
     const [selectedTab] = useOnyx(`${ONYXKEYS.COLLECTION.SELECTED_TAB}${CONST.TAB.SPLIT_EXPENSE_TAB_TYPE}`, {canBeMissing: true});
-    const [draftTransaction] = useOnyx(`${ONYXKEYS.COLLECTION.SPLIT_TRANSACTION_DRAFT}${transactionID}`, {canBeMissing: false});
+    const [draftTransaction, draftTransactionMetadata] = useOnyx(`${ONYXKEYS.COLLECTION.SPLIT_TRANSACTION_DRAFT}${transactionID}`, {canBeMissing: false});
+    const isLoadingDraftTransaction = isLoadingOnyxValue(draftTransactionMetadata);
     const transactionReport = getReportOrDraftReport(draftTransaction?.reportID);
     const parentTransactionReport = getReportOrDraftReport(transactionReport?.parentReportID);
     const expenseReport = transactionReport?.type === CONST.REPORT.TYPE.EXPENSE ? transactionReport : parentTransactionReport;
@@ -454,6 +457,10 @@ function SplitExpensePage({route}: SplitExpensePageProps) {
         [draftTransaction, reportID],
     );
 
+    if (isLoadingDraftTransaction) {
+        return <FullScreenLoadingIndicator style={[styles.opacity1]} />;
+    }
+
     return (
         <ScreenWrapper
             testID="SplitExpensePage"